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FOX News
Nov 26, 2012 6:00pm PST
of that, plus video of jamie foxx's bizarre tribute to his lord and savior. barack obama? "hannity" starts right here, right now. >> it's clear the democrats spell blood in the water. if a deal is not reached by january 1st, a series of defense budget cuts will mean massive tax hikes reaching every american. we've seen democrats from the president on down using the so-called crisis to ram their left wing agenda down your throat. they want bigger taxes, bigger government. for example, take a look. >> if despite the dangers of going over the fiscal cliff and what that means for our economy, that there's too much stubbornness in congress, that we can't even agree on giving middle-class families a tax cut, then middle-class families are all going to end up having a big tax hike. that's going to be a pretty rude shock for them, and i suspect will have a big impact on the holiday shopping season, which in turn will have an impact on business planning and hiring, and we can go back into a recession. >> sean: republicans hate big beared and santa claus. don't buy this hype, such as letting the bus
FOX News
Nov 27, 2012 3:00pm PST
it was bad, unjustified to give the scenario as presented by ambassador rice and president obama. >> beyond the controversial intelligence talking points the language including al-qaeda, senator said rice should have drilled down and asked more questions given her access to classified material that showed immediate and compelling evidence of the terrorist involvement. >> when you have a position that the ambassador to the united nations, you go well beyond unclassified talking points in the daily preparation and responsibilities for that job. >> rice met with senator lieberman who asked whether rice was coached by the administration before her sunday show appearances. >> she said no, she was not given messaging points at all by the white house. >> in a written statement, rice who was joined by the acting c.i.a. director on the hill said, "we explain that the talking point provideed by the intelligence community and the initial assessment upon which they were based were incorrect in key respect." there was no protest or demonstration in benghazi. full week after the attack on david letterman
FOX Business
Nov 27, 2012 9:20am EST
office. >> with all of that talk on "varney & company" about gun sales going up if president obama he gets reelected. here is the proof, it's happening. it's a busy friday for the fbi, it fielded 154,873 background checks from gun dealers for perspective buyers, that's just in one day. it's a 20% increase over the previous record set last year on black friday. and by the way, 62% of those applications were the so-called long guns, rifles, shotguns, people are afraid president obama will seek to ban assault weapons so they're buying now. and n.r.a. head predicted this on "varney & company." >> i think you'll see a siege on the second amendment we've never seen before. president obama is trying to camouflage this issue to get through the election. and they're handing out flyers all over the heartland of the country, obama is not going to take your guns, they're trying to fog the election and get through the election, but if they do, it's katie bar the door. stuart: yes indeedy, look at black friday. next hour we'll talk to the gun store owner who took out the ad in the paper. if you vot
FOX Business
Nov 26, 2012 7:00pm EST
and their respective parties in debating and discussing solutions to the fiscal cliff. president obama organizing a campaign to persuade voters that his plans for higher taxes on the wealthy are the right path forward. leading republicans creating consternation within their own party does they reversed themselves from taxes and seemingly the president's ideas of increases, a growing number on the right rejecting their no new taxes pledges and instead are now claiming the grover norquist is the real problem in washington d.c. fox digital politics center is here with us tonight as is the daily caller stalker carlson. egyptian leader declaring new powers for himself, claiming he won't be just another dictator. just a week ago praised by the obama administration for brokering a ceasefire in gaza, and now the white house is silent on the more -- coupe. middle east expert professor hoover institute senior fellow "wall street journal" as columnist among our guests here tonight. we begin with the president's broad based strategy to conduct our right class warfare against the republican party on the issue
PBS
Nov 26, 2012 6:00pm PST
research center showing that young voters played a decisive role reelecting president obama. >> brown: that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: a still tentative american economy looked online today, as digital deals were to be had, and holiday shoppers lit up web sites. retailers had high hopes that cyber monday sales would add to what's been a strong start so far. >> if all goes as expected, today will end up being the busiest online david year, with major bargains and steep discountses just a click away. >> every year we see more and more consumers shopping is online, both the younger com
FOX Business
Nov 27, 2012 12:00am EST
on december 14th. she ran the securities regulator for nearly four years. president obama will appoint current sec commissioner to run the agency. all right. now to our top try. warren buffett support for raising taxes on the rich takes a controversy in its turn in an op-ed in today's new york times. the billionaire investor says let's forget about the rich in culture ridge. income is increased. forever for see investment of the charities. so buffett is on target with this. raising taxes on the rich actually have no affect on their investment behavior. let's bring in scott martin, chief investment strategist and founder and ceo of market 76. thank you for joining me. give me a reaction to this. >> i'm really surprised. i look at buffett as asavvy businessman and one who would not put a dime toward the u.s. government if he had a choice with regards to a buyout because certainly is not a great balance sheets they carry. it just doesn't make a lot of sense for me to say, if you're going to rase the barriers to entry, change the overa landscape of something like raising taxes on investments, why
FOX News
Nov 27, 2012 10:00am PST
before president obama nominates her. but they did not take miss rice's answers too well. >> i want to say i'm more troubled today knowing, having met with the acting director of the cia and ambassador rice, because it is certainly clear from the beginning that we knew that those with ties to al-qaida were involved in the attack on the embassy, and clearly the impression that was given and the information given to the american people was wrong. megyn: senator kelly ae ayotte will join us live next hour. this will be her first public interview since she sat down with miss rice this morning. what exactly did ambassador rice say behind closed doors? why is senator yea a yeah at anayotte and the other two senators so fired up. this was supposed to be the olive branch. it didn't work. we'll find out what happened when she talks to us live. three weeks removed from election today and suddenly americans are being hit by an on shraugt of neon sthraut of new campaigning. a look at the white house now where press jay carney just began today's briefing. he reiterated that president obama will
FOX News
Nov 27, 2012 2:00am PST
and is qualified for a number of positions in the foreign policy arena. i will leave it at that. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion. >> she asked to meet with us i will listen to what she has to say about her role in benghazi. the more i know about benghazi the more upset i am that the consulate was even open on september 11th. when you look at the history about the dangers we should never have been open or heavily reinforced. during the attack i am more core idea about how we couldn't help them for 7 hours. a spontaneous event caused by video turn nude a riot is less credible than ever. i want to listen to her side of the story. the most basic information on what
MSNBC
Nov 27, 2012 10:00am PST
, it was unjustified. to give the scenario as presented by ambassador rice and president obama. three weeks before an election. >> ambassador rice said today absolutely it was wrong. i don't understand the cia said clearly that information was wrong. and they knew by the 22nd it was wrong. yet, they have not cleared that up with the american people. >> in a statement just now, susan rice admits that the initial information about a protest in benghazi was incorrect, but says no one intended to mislead the public. business as usual, congress is back and picks up just where it left off. stalemated over tax rates and entitlement spending. >> unfortunately, there's one obstacle standing between congress and compromise, grover norquist. for years, norquist has bullied lawmakers willing to put their oath of office or promise to serve constituents ahead of their pledge to this anti-tax zell lot. >> the washington democrats, every dollar that's ever been secured for anything is sacred. every dollar secured for anything is sacred. and they'll defend it to the death regardless of what it means for jobs, or t
FOX News
Nov 26, 2012 11:00pm PST
from the fiscal cliff? >> first of all, give honor to god. ♪ ♪ lord and savior, barack obama. >> eric: not even that savior. 36 days going over the fiscal cliff. you should know what is at stake if partisans don't figure out a way soon. bush tax cut goes away and that alone would drive taxes up for every american. the patches will die as well. so add in the failure of the super committee and sequestered $1.2 trillion. spending cuts of $600 billion in defense. why are we here? you can't blame revenues. americans forked over $2.3 trillion in taxes and fees last year. the taxaholics are stone cold drunk on our spending. spending is out of control. mr. president, waiting for you to stand up and show leadership. bob, haven't heard a thing. crickets. >> eric: i think you heard things. there is movement going on here. >> bob: i'm glad they're breaking away from norquist and say there is a need for revenue. i think whether that comes in form of limiting deductions to $50,000 for people making over $250,000 or -- >> eric: i can say. we will get to all of that. we'll get to the deals that may g
CNN
Nov 27, 2012 4:00am PST
obama has spoken. he's promised he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> hardly a political plug there. cnn political director mark preston is live from washington this morning. mark, so far there are no formal fiscal cliff talks scheduled at the highest levels. but the white house just announced that president obama is going to be going to pennsylvania on friday to try to sell his version of the tax plan to the american people. is that going to help things? >> well, john, you know, it's a dual strategy right now that we're seeing develop in these negotiations over the fiscal cliff. the first strategy, of course, and the first bullet point is when president obama gets together with congressional leaders and they try to get some kind of resolution. the second bullet point, though, is to try to pressure the republican party a
NBC
Nov 27, 2012 11:00am PST
the fiscal cliff. we have tracie potts with details from washington. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new
FOX News
Nov 27, 2012 6:00am PST
-election, president obama took exception to republican senators critical of rice saying, quote if they want to come after anyone, they should come after him, after me. bill: he said it with force. kelly, thank you. waiting on the meeting in washington. martha: ambassador rice, reportedly as we were saying one of the top candidates to replace secretary of state hillary clinton and the president seemed to lay down the gauntlet to senators mccain and graham if the first news confriends after the election. kelly referred to this moment. let's look at it from november the 14th. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. martha: that is really the feistiest moment of that news conference. the president, who you see here, with ambassador susan rice and former president bill clinton and others they are described as close and president obama made it clear that republican opposition from will not keep him from nominating her for second irat that of state if that is what he decides to do. so we will see. big moment coming up in 26 minutes from now on
CNN
Nov 27, 2012 1:00pm PST
she and the obama administration misled the american public about the deadly attack on americans in libya. >>> the election was only three weeks ago, but president obama's about to shift back into campaign mode. and we're learning exclusive new details about the personal and professional life of the woman at the center of the scandal that forced the resignation of cia director david petraeus. i'm wolf blitzer. you're in "the situation room." >>> we begin with the obama administration's latest attempt to explain the misleading information given out in the days after the september 11th attack on the u.s. consulate in benghazi, libya. four americans including the u.s. ambassador to libya died in what we now know was a terrorist attack. but that isn't what the u.s. ambassador to the united nations susan rice said when she went on national television five days after the attack. today rice is up on capitol hill. she's explaining what happened and some big-name republicans clearly are not very happy with her answers. our senior congressional correspondent dana bash is following what's b
CSPAN
Nov 27, 2012 7:00am EST
about the idea of going off the fiscal cliff. alan krueger, the chairman of president obama's economic advisers, he spoke about what would happen if we go off this so-called fiscal cliff. in this report put out by the white house, american consumers will spend 200 billion less in 2013 if the fiscal cliff is not averted according to this white house report. jay carney went on to say in this press briefing that president obama believes and understands that in order to achieve a deal, a compromise, that everybody has to make tough choices and he remains committed. but this is what he said about social security -- the white house is less interested in tackling the rising costs of social security during the current talks. so that is what is the latest coming out of the white house on the fiscal cliff talks. the two sides not scheduled to meet face to face. as you heard from the prevent of the congressional leaders are the weekend and the two sides separately meeting this week in washington with business leaders and as we said, unions are planning protests on capitol hill. a lot to talk abou
FOX Business
Nov 27, 2012 5:00pm EST
is just days away. pressure is mounting on president obama to approve the new route. ceo of transcanada is here for a fox business exclusive. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines. stocks bit it for the second straight day senate majority leader harry reid indicated that little progress has been made in recent fiscal cliff talks. big surprise there. so you're welcome, investors. the major intoday sees slid on the news and the dow fell 89 points. >>> shares of green mountain coffee are skyrocketing after-hours. the company solidly beat expectations for fiscal fourth quarter earnings, pointing to strong sales of its k cup coffee & tea packs. >>> apple reportedly fired the manager behind apple maps. iphone software has been widely panned for flaws and inaccuracies since its launch back in september. what you really want is an accurate map, so there you go. >>> on to our top story tonight, president obama ups the ante on fiscal cliff pressure meeting with small business owners from all walks of live at the white h
MSNBC
Nov 27, 2012 6:00am PST
'll be asking him. plus, foreign exchange, president obama will get a visit from our next door neighbor today. mexico's incoming president is coming to town and he wants to talk about more than just the drug war. the drug war is a big deal. first we'll look ahead at the president's schedule. we can tell you what he's doing. a quick photo spread. no joint press conference. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. is a thrilling, dual-flavored ride to mouth fun-town. but it's not like everyone is going to break into a karaoke jam session. ♪ this will literally probably never happen. >>> in the three weeks since election day there's been a lot of republican hand wringing, party leaders looking to expand the tent, track more women, minorities to the party and find out how to find a happy medium between ideology and electabili
MSNBC
Nov 27, 2012 8:00am PST
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
CSPAN
Nov 26, 2012 11:00pm EST
do about any of what he promised to do so let's look at the three obama promises. the first promise was in his first term when he said he will find a solution for the palestinian-israeli issue, and, unfortunately, we know what happened over the four years. that has not been that. it's an unfulfilled promise at best. some see it as a failed promise. the second promise the president of the united states had, unprecedented as it is, when he said the united states would never allow iran to be a nuclear power. now, this is unprecedented whether right or wrong, but it's something that was done not only during the elections, but a statement made by the president more than once, and i think it was in connection of promises made also to the israeli prime minister. how, will president obama fulfill the promise? wiggle out of it? absolutely implement it whether it's militarily or through containment policy, and what are they doing from my point of view, one of the reasons or a fascinating part about the gaza operation is that, a, they are giving hamas a lead in creating the new dynamics or dic
PBS
Nov 27, 2012 3:00pm PST
representatives tom price and keith ellison. >> brown: then, president obama sat down with mexico's president-elect, enrique pena nieto, this afternoon. one topic for them and for us tonight: the war on drugs, on both sides of the border. >> suarez: as lawmakers talk of reducing the country's debt, paul solman offers a history lesson on centuries of federal borrowing. >> the united states was going into default. we defaulted on many obligations to foreign creditors and to our own soldiers. >> brown: plus, every month, 1,000 young americans are infected with h.i.v., and most of those with the disease don't even know they have it. hari sreenivasan looks at a new report from the c.d.c. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possi
CNN
Nov 27, 2012 9:00am PST
that the obama administration decimated al qaeda. that's something that rubs these republican senators the wrong way. i will tell you what she told them, i'm told, inside the classified briefing this morning, what she meant was it was the core of al qaeda, that's what the obama administration has decimated. but these republican senators think she's lef the impression it's al qaeda in general. last thing i will tell you i was told she did say to the republican senators behind closed doors she regrets saying what she said because she knows it was simply not right. >> where does this go from here? obviously investigating intelligence officials as well, i imagine? >> yes. as i said, the acting director of the cia also in this room. and senators, republicans and democrats, are not thrilled with the information that they got publicly or privately. but the -- what goes on from here more meetings. she's back here, we believe, this afternoon, tomorrow she has a meeting with one senator, bob corker of tennessee, probably others. she's going to make the rounds and she's going to keep trying to persuade sen
CNN
Nov 27, 2012 6:00am PST
with president obama later today. wolf blitzer will sit down with the president-elect nieto and you will hear that interview later today on cnn. now, one of the topics the two leaders will likely discuss is immigration. it's a hot button issue between the united states and mechanixi. immigration laws in the united states have gotten tougher. yes, tougher. so tough, many families are returning to mexico from the united states. >> a 10-year-old boy is struggling with his homework. oscar is getting extra help from his father because he's having trouble adjusting to his new school. >> when you left you were in, what, fourth grade? >> third grade. >> the fifth grader is technically a foreigner in his homeland. he was born in arizona. >> i pledge allegiance -- >> has approximatet been difficult for you to be here in mexico? >> kind of. >> why? >> because i have to speak another language. >> oscar's 6-year-old sister, angie, also is an american citizen. she says she misses american stores, bigger houses and parks. their parents, oscar and maria castillanes lived in arizona for years as undocumented
FOX News
Nov 26, 2012 4:00pm PST
. the white house says frankly that's not good enough. aides say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal.
FOX Business
Nov 27, 2012 11:00am EST
a long time. president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on something in the markets? >> well, yeah. absolutely. i think he made it on the intraday low at 1343. i think that holds up at year end. i just got back from europe. everyone over there is bearish and underinvested. i think if the market does not fall apart right here, i think they will be forced to chase in the santa claus rally. connell: it is that time of year again. going over the cliff, however, you assign some probability to that. first, tell us about that. how will the market react to that? would that really happened or what the market kind of look down the road and say the
CSPAN
Nov 27, 2012 6:00am EST
our viewers on c-span as well. it's been almost exactly four years since president obama's a famously extended his hand of friendship and hope the iranians would unclench their fists. yet today after a few rounds of diplomacy, plenty more sanctions and centrifuge, there are plenty of clinched this on both sides and very little talk about friendship. there's been an attempt at diplomacy but political constraints on both sides have been difficult to advance an old habits are difficult to break. obama's one of the lowest in 2009 was quickly closed by the human rights abuses in the iran following the fraudulent elections. as well as a growing pressure from congress as will some u.s. allies in the region against diplomacy. focus shifted to sanctions and tehran responded by further expanding its nuclear program leaving both sides worse off today than they were a few years ago. in the meantime, sanctions have held iranian middle class for the impoverished population while the regime's repression and human rights abuses have continued to intensify and its nuclear program has continued to expa
FOX Business
Nov 27, 2012 1:00pm EST
politicians take the fiscal clipper demint to the voters again. obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of voters agree the wealthy should pay more in taxes. >> and republicans are responding that house republicans will visit local small businesses to emphasize the threat to jobs posed by the small business tax hike. lori: the epa may impose new regulations on air quality and carbon emissions and now one of particular is trying to prevent them from going into effect and peter barnes has details. senator inhofe the most vocal critic of the epa, the heartland institute presented him with more than 16,000 petitions and that demand congress cohmad graner wrote age
FOX News
Nov 27, 2012 12:00pm PST
ambassador rice campaigned for president obama against the republican candidate, senator john mccain. it was heated. it was difficult. the democrats believe it was not forgiven by john mccain. what do we know of meeting, catherine? >>reporter: we have to rely on the readout from the ambassador rice and the republican senators because it was behind closed doors. we saw the senators and rice arriving to plain five days after the attack she characterized the attack as spontaneous and blamed the video 2309 death of four members. the explanation she relied on the best available intelligence fell short. >> i am more convinced than ever it was bad, it was unjustified, to give the scenario as presented by ambassador rice and president obama three weeks before an election. >>reporter: the talking points that stripped out language including al qaeda, senators say she has classified material that showed evidence of terrorists. >> when you have a position of ambassador to the united nations you go classified talking points in your responsibility for the job. >>reporter: and her meeting this
NBC
Nov 27, 2012 5:00am PST
. the white house says president obama called house speaker john boehner and senate majority leader harry reid over the effort to discuss efforts to avoid the fiscal cliff. that's the combination of tax hikes and spending cuts set to take effect january 1st. the "washington post" reports that boehner plans to have some house republicans meet wither skin bowles. on wednesday president obama will meet with other top ceos. futures meantime are flat this morning, stocks slipping back on monday. the s&p 500 index snapping a five-day winning streak. investors continue to watch those budget talks in washington. meantime, we are expecting today to get some data on demand for durable goods, home prices and consumer confidence. the dow slipping back below 13k losing 42 points to 12,967. the nasdaq edging up nearly 10 to 2976. and i would do a campaign not to vote for marissa mayer for "time" person of the year. remember when we had the head of amazon on the cover of "time" back in 2000. i think there's a little jinx in that. a little like the si jinx. so don't vote for her. >> fair enough. no on mayer,
NBC
Nov 27, 2012 6:00am PST
loopholes that are now in the law. >> well, we know today that president obama meets with small business leaders. what does the white house think will happen to the middle class if that deal isn't reached? >> reporter: well, the white house is concerned about the spending power of the middle class. they came out with a report yesterday that essentially said consumer spending is going to take a $200 billion hit if we don't get away from this fiscal cliff, if we don't pass these tax rates. in other words, the extra $2200 that they calculate every middle class family is going to have to pay in taxes next year is $2200 less that they'll have to spend and boost the economy. >> exactly. everyone might turn a little more conservative with their spending, at least this holiday season. whose side do you think the public is on? >> reporter: well, it depends on who you ask. now, there is a new survey out that says 65% of the public agrees with republicans saying we shouldn't raise tax rates, we should instead close up these loopholes and limit tax deductions. but keep in mind the winston group is a
CSPAN
Nov 27, 2012 1:00pm EST
think particularly coming out of this -- obama out of a strong election. no one like gaddafi. no one liked libya. no one liked the soviets. it's doable. >> to partially answer the same question. the issue for many in congress is whether this negotiation quote-unquote allows iran to continue enriching at the 3.5% level or not. the historical position of the united states going back to the early 2000's has been that there should be a suspension of all enrichment as a confidence-building measure. from what you're saying, jim, we're well past that point and iran has a lot of truth on the ground in terms of additional centrifuges and they want the -- their so-called right under the nonproliferation treaty to be recognized. the question is at what level do they continue. >> i think there's also -- i agree with that. i want to go on here. there is a debate over countries have the right to enrich. they have a right to peaceful activities. there's some ambiguities about that. people disagree. both the iranians have said, offered this as a principle. i think it's important to have principles t
CNN
Nov 26, 2012 5:00pm PST
-and-take to get there. listen to this. 72% in our brand-new cnn/orc poll say they want president obama to compromise with republicans on taxes and spending. an identical 72% want republicans to do the same, compromise with the other side. as for what compromise should entail, 67% favor a mix of spending cuts and tax increases. that's what they say real progress would look like. keeping them honest, real progress is one thing. washington progress is another. so far at least we see much more of the second than the first, and we're getting late new word that any progress might be stalled. more on that shortly. first, a good example of washington progress. republican lawmakers standing up in a limited way to a beltway power broker named grovier norquist over the 1980s era pledge he pressures them to sign promising not to raise any taxes ever. >> i'm not obligated on the pledge. i made tennesseans aware. i was just elected. the only thing i'm honoring is the oath i take when i serve when i'm sworn in this january. >> that's senator bob corker and one of the a handful up republican lawmakers
PBS
Nov 26, 2012 4:00pm PST
of inequality that you have written about in your book? and will the election results give president obama a mandate to do just that? >> i think it should be part of the discussion. the argument sometimes from conservatives, and also from not just the 1%, but the 0.1%, is, does it make sense to focus on the rich if there is not that much revenue there? actually, i think so much money is concentrated at the top of the income distribution, there is money to be had. but equally important hit a sense of fairness. as warren buffett has pointed out, the fact that he pays taxes at an effective rate much lower to that -- much lower than that of lower-income americans, makes it hard to look at this as a shared sacrifice. >> and republicans argue that the wealthy are job creators and they may not be able to stimulate the economy as much as a mite -- as they might. >> absolutely, that is their argument and one buffett argued that this is a great opportunity -- and warren buffett argued that if there is a great opportunity, people will not turn it down because the tax rate is not lower. what we have s
CNN
Nov 26, 2012 4:00pm PST
and that was raising taxes on wealthy people, and people knew that's what president obama wanted to do. they new mitt romney didn't want to do it and voted for president obama. he has the authority of the election behind him, and that gives him a good hand here. >> david let me ask you about grover norquist. the man who authored the pledge that so many reps signed and mike lee was the latest to say there's a lot of ways to skin a cat and back off the pledge. grover spoke to soledad on cnn. here was his comment. >> if you want to go to your voters and say, i promised you this, and i'm breaking my promise, you can have that conversation with them. you don't have an argument to we. you made a commitment to voters. >> he says he will try to unseat people that go against the pledge? is this a real risk that people that are up for re-election could lose jobs over this it or no? >> it is a real risk. it's not just grover norquist, it's the club for growth and other entities that do that. understand what direction these people leading the party in. they concede the republican party is a fundamental congressi
CNN
Nov 26, 2012 8:00pm PST
people. people knew that's exactly what president obama knew. they knew mitt romney didn't want to do it, and they voted for president obama. >> david, let me ask you about grover norquist. obviously, the man who authored the pledge that so many reasons have signed. mike lee from utah was the latest on the show to say, back off the pledge. grover spoke to soledad this morning on cnn, if you break my pledge, you're going to have to deal with voters. here was his comment. >> if youen watt to go to your voters and say, i promised you this, and i'm breaking my promise. you can have that conversation with them, but you're not having that argument with me. you made a commitment to your voters. >> he says he's going to try to unseat people who go against the pledge. is this a real risk that saxby chambliss or lindsey graham could end up losing their jobs over 24? >> it is a real risk. understand what direction these people are leading the party in. they conceive the republican party is fundamentally a congressional force, oppositional force. the whole point is to say, someone else is acting, an
CNN
Nov 27, 2012 1:00am PST
that means higher tax rates for high incomes are on the table. something president obama campaigned and won re-election on. senator lindsey graham also breaking with norquist says no on higher tax rates, but is open to more tax revenue by limiting deductions. >> i will violate the pledge long story short for the good of the country only if democrats will do entitlement reform. >> another lawmaker who's breaking with the norquist agrees. >> i think everything should be on the table. i myself am opposed to tax increases, i'm not going to prejudge it, we should not be taking iron clad positions. >> late today in the situation room, republican kevin mccarthy, the house majority whip put a fresh spin on what seems to be the talking points. >> if the goal is to raise more revenue, what is the best way to do that? at the same time protecting the economy? if you're able to gain more revenue by closing special loopholes, and limiting them. and keeping the rate down, so you have better ground control, isn't that a better outcome. >> talk of tax deductions and closing loopholes. a big note on raising
ABC
Nov 27, 2012 7:00am PST
. >>> and susan rice, president obama's likely replacement for hillary clinton as secretary of state. rice will sit down with three top republicans who claim that her comments in september about that attack in september on the u.s. consulate in libya, were misleading. john mccain, chief among those critics. but he backed from his threat to derail rice's nomination. >>> and dramatic video in florida. a fisherman spotted in the water. you can see here, clinging to a cooler. he had been holding on for some seven hours without a life jacket, after a large wave took out his boat. his brother was also thrown overboard. thankfully, he was able to swim to shore and get help. both brothers, good news here, recovering this morning. >>> and a frightening scene high over sydney australia. a construction crane caught fire and forced police to evacuate thousands of people from nearby buildings. and it's a good thing they did because the crane's massive arm eventually collapses, use can see here, on to the roof. the company that owns the crane you see, also owns the one that collapsed here in new york, d
CNBC
Nov 27, 2012 9:00am EST
for years and believes the speaker wants to make a deal with president obama to avoid the fiscal cliff, but he's seen washington's dysfunction and has his doubts. >> he's somewhat just like the president. it's time to do ahead and do your job. >> speaker boehner is secure enough in his own district that his constituents will give him a free hand to negotiate. his bigger challenge is pulling together republicans from districts across the country behind any deal he ultimately strikes with president obama. >> carl, that's not just john boehner's job. it's also the job of eric cantor, the majority leader the on the democratic seed, harry reid and chuck schumer have to pull their flock behind any potential deal struck. that's not easy getting 60 votes the in the senate and the majority of the house. >> rangling cats on both sides, john. the president meeting with business executives at the white house, going to pennsylvania this week to visit a small business. all theater, or is there something bigger going on? >> he's trying to put pressure on the congress and generate more stakeholders. h
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